The institution beat other top performing Universities like the Obafemi Awolowo University (OAU), University of Ibadan (UI), University of Lagos (UNILAG) and the University of Ilorin (UNILORIN) to emerge Nigeria's only institution in Africa's top 20.

Interestingly, just like last year, no Nigerian university made it to the first 10 with Covenant University making a showing at the 15th spot.

Following 6 spots behind at the 21st place is OAU, while UI is at the 34th position, UNILAG on the 43rd position, and UNILORIN at the 45th position.

The university was at 1401 in the World rankings, bettering UNILORIN's 1,842nd position in the 2014 ICU World Rankings.

Owned by the World Mission Agency (WMA), an arm of Living Faith Church World Wide, also known as Winners Chapel, founded by Dr. David Oyedepo, Covenant University started full operations on October 21, 2002.

Oyedepo is also the Chancellor of the University.

It was ranked 2nd in Nigeria in 2014.

Following the latest rankings, the institution’s Vice Chancellor, Prof. Charles Ayo, has said there are plans to reduce its tuition fees in order to allow "more people to be able to benefit from the quality education that we have here."